Can you say stagflation!
By David Stockman That was fast. Two weeks ago the Goldilocks Economy was being feted (again) from one end of Wall Street to the other. Today, however, January’s in-coming data brought a 6.7% annualized CPI rate and a negative 3.1% annualized retail sales print. Can you say stagflation! The robo machines certainly did when the Dow futures reversed by more than … Read more